Intraday Analysis – Gold Getting Back on Track – Orbex Forex Trading Blog

EUR/USD stayed in consolidations below 1.6300 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rise is expected as long as 1.1372 support holds. Firm break of 1.1630 will resume the rise from 1.1076 and target 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927…

No 10 says Hamas won’t have ‘veto’ over UK recognition of Palestine, implying it won’t require further hostage releases Keir Starmer is now all-but-certain to recognise Palestine as a state in September. Last week he said this would happen unless Israel complied with certain conditions, including committing to a two-state solution. Given that Benjamin Netanyahu,…

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday March 25th and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. Weekly…

Bitcoin’s price surged to levels not seen since July, fueled by positive inflows and optimism around a potential bullish breakout. Despite ETF inflows, actual demand for Bitcoin has been waning since March, according to Glassnode data. Technical analysis shows Bitcoin facing resistance at various levels, with support levels identified in case of a price decline….